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A Weakening Global Expansion
Report

A Weakening Global Expansion

World Economic Outlook Update

IMF, 2019

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Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Hot Topic

Recommendation

The world economy is growing at a slower pace, according to this timely IMF update. Chief among the detractors from growth are the prospect of worsening trade relations between China and the United States, which could severely dampen economic conditions, and a weaker-than-anticipated Chinese economy, whose effects could reverberate around the world. This analysis sets a sober tone for 2019, as the risks to economic progress continue to multiply. Executives and policy experts will find the IMF’s take on the global economy to be required reading.

Take-Aways

  • According to the IMF, global growth will decline from 3.7% in 2018 to 3.5% in 2019, edging up to 3.6% in 2020.
  • In the developed economies, advancement will weaken from 2.3% in 2018 to 2.0% in 2019, before decelerating even further to 1.7% in 2020.
  • The emerging markets will see a slight slowdown in growth, from 4.6% in 2018 to 4.5% in 2019, rising to 4.9% in 2020.

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.


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